HDFC Bank’s Non-Withdrawable Deposits for NRIs offer higher interest rates on your savings, with the flexibility of quarterly or monthly interest payouts.
To open a Non-Withdrawable Fixed Deposit account for NRIs:
1. Visit the bank’s official website and access the digital booking portal.
2. Select the tenure and amount that suits you best
3. Fill in the required information digitally
4. Complete video KYC for identity verification,and submit your application.
NRIs Non-withdrawable Fixed Deposits in India offer higher interest rates, ensuring a stable and secure investment. They provide guaranteed returns, help accumulate wealth, and are exempt from premature withdrawal penalties, enhancing long-term financial planning and growth.
The minimum amount of deposit in a Non-Withdrawable Fixed Deposit account at HDFC Bank is ₹2 crore.
The minimum and maximum tenure for Non-Withdrawable Fixed Deposit accounts for NRIs is 1 year and 10 years, respectively.